Europe and the Euro is popular PDF and ePub book, written by Alberto Alesina in 2010-04-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Europe and the Euro can be Read Online from any device for your convenience.
Europe and the Euro Book PDF Summary
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.
Detail Book of Europe and the Euro PDF
- Author : Alberto Alesina
- Release : 01 April 2010
- Publisher : University of Chicago Press
- ISBN : 0226012832
- Genre : Business & Economics
- Total Page : 476 pages
- Language : English
- PDF File Size : 21,5 Mb
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